Genworth Financial GNW Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Enact | $1.26B+1.9% | $1.25B+2.2% | $1.25B+1.6% | $1.24B+2.4% | $1.24B+4.4% | |
| Adjusted operating income (loss) attributable to noncontrolling interests by Business | ||||||
| Enact | $130M-2.3% | $129M-2.3% | $127M-4.0% | $129M-1.1% | $133M+6.6% | |
| Operating Income (Loss) by Business | ||||||
| Enact | $561M-4.4% | $558M-4.6% | $549M-4.9% | $563M0.0% | $587M+7.9% | |
| Net investment income by Business | ||||||
| Enact | $275M+11.8% | $266M+10.8% | $259M+12.6% | $253M+15.0% | $246M+15.5% | |
| Policy fees and other income by Business | ||||||
| Enact | $6M0.0% | $5M+25.0% | $5M+42.9% | $4M0.0% | $6M+300% | |
| Provision (benefit) for income taxes by Business | ||||||
| Enact | $188M-5.5% | $188M-5.1% | $190M-3.6% | $191M-2.1% | $199M+6.4% | |
| Total Assets by Business | ||||||
| Enact | $27.51B+5.0% | $27.28B+5.8% | $26.91B+5.7% | $26.63B+7.2% | $26.21B+7.3% | |
| Actual variances from expected experience by Business | ||||||
| Enact | $0— | $0— | $0— | $0— | $0— | |
| Benefits and other changes in policy reserves by Business | ||||||
| Enact | $116M+132% | $110M+182% | $116M+433% | $92M+458% | $50M+24.2% | |
| Cash flow assumption updates by Business | ||||||
| Enact | $0— | $0— | $0— | $0— | $0— | |
| Interest Expense by Business | ||||||
| Enact | $50M0.0% | $50M-2.0% | $49M-5.8% | $49M-5.8% | $50M-3.8% | |
| Liability for policy and contract claims by Business | ||||||
| Enact | $2.29B+9.6% | $2.24B+7.9% | $2.19B+6.0% | $2.13B+3.4% | $2.09B+2.2% | |
| Other segment expenses by Business | ||||||
| Enact | $205M-1.0% | $207M-1.0% | $204M-1.9% | $207M-0.5% | $207M-1.4% | |
| Premiums by Business | ||||||
| Enact | $978M-0.6% | $980M0.0% | $981M+0.8% | $985M+2.2% | $984M+2.6% | |
| Market risk benefit assets by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Variable annuities | $239M+13.8% | $231M+7.4% | $224M+11.4% | $214M+13.8% | $210M+22.8% | |
| Policyholder account balance by Product | ||||||
| Fixed annuities | $13.37B-13.8% | $13.85B-14.2% | $14.36B-14.6% | $14.92B-15.1% | $15.51B-15.6% | |
| Life insurance | $28.09B-3.4% | $28.35B-3.2% | $28.59B-3.2% | $28.82B-3.1% | $29.09B-3.0% | |
| Variable annuities | $1.71B-9.8% | $1.75B-10.3% | $1.79B-10.7% | $1.84B-11.5% | $1.89B-12.3% | |
| Cash surrender value by Product | ||||||
| Fixed annuities | $10.16B-14.9% | $10.57B-15.3% | $10.99B-16.1% | $11.45B-16.8% | $11.95B-17.5% | |
| Life insurance | $16.09B-3.9% | $16.29B-3.7% | $16.46B-3.5% | $16.59B-3.4% | $16.75B-3.1% | |
| Variable annuities | $1.71B-9.8% | $1.75B-10.3% | $1.79B-10.7% | $1.84B-11.5% | $1.89B-12.3% | |
| Interest credited by Product | ||||||
| Fixed annuities | $121M-12.3% | $125M-12.6% | $129M-12.2% | $134M-11.3% | $138M-11.5% | |
| Life insurance | $296M-9.5% | $297M-15.1% | $299M-19.2% | $300M-23.3% | $327M-15.9% | |
| Variable annuities | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | |
| Issuances by Product | ||||||
| Fixed annuities | $36M-16.3% | $38M-9.5% | $38M-7.3% | $42M+5.0% | $43M0.0% | |
| Life insurance | $0— | $0— | $0— | $0— | $0— | |
| Variable annuities | $0— | $0— | $0— | $0— | $0— | |
| Net amount at risk by Product | ||||||
| Fixed annuities | $124M+15.9% | $121M+17.5% | $113M+2.7% | $115M+27.8% | $107M+16.3% | |
| Life insurance | $159.7B-4.0% | $161.53B-3.8% | $163.19B-3.6% | $164.83B-3.5% | $166.43B-3.3% | |
| Variable annuities | $1.46B-9.8% | $1.52B-5.4% | $1.55B-8.7% | $1.6B-12.1% | $1.62B-16.9% | |
| Net transfers from (to) separate accounts by Product | ||||||
| Variable annuities | $3.5M+40.0% | $2M+100% | $4.5M— | $4M— | $2.5M— | |
| Other by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $1M— | $1M— | —— | —— | —— | |
| Variable annuities | $38M+2.7% | $43M+16.2% | $42M-2.3% | $42M+2.4% | $37M-24.5% | |
| Policyholder Account Balance, Benefit Payment by Product | ||||||
| Fixed annuities | $289M-14.5% | $304M-12.4% | $317M-11.5% | $333M-8.0% | $338M-9.6% | |
| Life insurance | $237M+8.7% | $243M+7.0% | $227M-3.8% | $256M+7.6% | $218M-0.9% | |
| Variable annuities | $57M+3.6% | $60M+9.1% | $55M-21.4% | $60M-9.1% | $55M— | |
| Policyholder Account Balance, Policy Charge by Product | ||||||
| Fixed annuities | $5M0.0% | $5M-16.7% | $6M0.0% | $5M-16.7% | $5M-16.7% | |
| Life insurance | $576M-3.4% | $582M-2.8% | $587M-2.5% | $592M-2.1% | $596M-2.1% | |
| Variable annuities | $5M0.0% | $5M-16.7% | $6M0.0% | $7M+16.7% | $5M— | |
| Policyholder Account Balance, Surrender and Withdrawal by Product | ||||||
| Fixed annuities | $357M-24.8% | $373M-31.3% | $411M-30.7% | $440M-32.9% | $475M-35.7% | |
| Life insurance | $157M-14.2% | $152M-22.1% | $158M-21.8% | $171M-32.7% | $183M-16.1% | |
| Variable annuities | $40M-25.9% | $44M-22.8% | $49M-9.3% | $46M-23.3% | $54M— | |
| Premiums received by Product | ||||||
| Fixed annuities | $17M-15.0% | $16M-27.3% | $18M-10.0% | $18M-5.3% | $20M0.0% | |
| Life insurance | $439M-5.8% | $447M-4.9% | $450M-5.5% | $462M-2.7% | $466M-5.5% | |
| Variable annuities | $14M+7.7% | $13M-7.1% | $12M-14.3% | $13M-7.1% | $13M— | |
| Weighted-average crediting rate by Product | ||||||
| Fixed annuities | 12%+0.1pp | 12%+0.2pp | 12%+0.4pp | 12%+0.6pp | 11.9%+0.8pp | |
| Life insurance | 15.6%0.0pp | 15.6%0.0pp | 15.6%0.0pp | 15.6%0.0pp | 15.6%0.0pp | |
| Variable annuities | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | 13.2%0.0pp | |
| Liability For Future Policy Benefit Expected Future Gross Premium Discounted Before Reinsurance by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $21.04B-7.7% | $21.48B-7.8% | $21.8B-9.3% | $22.39B-6.9% | $22.8B-7.6% | |
| Long Term Care Insurance | $93.11B-5.5% | $95.19B-4.3% | $96.68B-4.7% | $98.03B-4.0% | $98.5B-6.5% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Derecognition by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| Long Term Care Insurance | $0— | $0— | $0— | $0— | $0— | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Increase Decrease For Other Change by Product | ||||||
| Life Insurance | -$1M0.0% | -$1M0.0% | -$1M+50.0% | -$1M— | -$1M— | |
| Long Term Care Insurance | $0+100% | $0+100% | -$2M— | -$2M-100% | -$3M-200% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Interest Expense by Product | ||||||
| Fixed Annuity | $612M-3.3% | $617M-3.4% | $623M-3.3% | $628M-3.5% | $633M-3.7% | |
| Life Insurance | $232M-10.1% | $239M-10.2% | $246M-9.2% | $251M-8.7% | $258M-7.5% | |
| Long Term Care Insurance | $3.28B0.0% | $3.28B+0.1% | $3.28B-0.2% | $3.28B-0.7% | $3.28B-1.3% | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Issuance by Product | ||||||
| Fixed Annuity | $33M-10.8% | $34M-2.9% | $35M0.0% | $38M+11.8% | $37M+2.8% | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| Long Term Care Insurance | $1M0.0% | $1M0.0% | $0— | $1M— | $1M— | |
| Liability For Future Policy Benefit Expected Future Policy Benefit Undiscounted Before Reinsurance by Product | ||||||
| Fixed Annuity | $88.01B-4.5% | $89.17B-4.2% | $90.31B-4.0% | $91.22B-4.1% | $92.15B-4.2% | |
| Life Insurance | $24.24B-11.4% | $25.23B-10.2% | $25.95B-10.1% | $26.67B-9.0% | $27.37B-7.9% | |
| Long Term Care Insurance | $470.24B-3.1% | $475.23B-2.6% | $480.26B-2.2% | $482.62B-2.9% | $485.06B-3.6% | |
| Liability For Future Policy Benefit Interest Expense by Product | ||||||
| Fixed Annuity | $612M-3.3% | $617M-3.4% | $623M-3.3% | $628M-3.5% | $633M-3.7% | |
| Life Insurance | $38M-25.5% | $42M-22.2% | $45M-21.1% | $47M-21.7% | $51M-17.7% | |
| Long Term Care Insurance | $2.42B+2.1% | $2.41B+1.9% | $2.39B+1.5% | $2.38B+1.2% | $2.37B+1.1% | |
| AOCI, Liability for Future Policy Benefit, Expected Future Policy Benefit, before Tax by Product | ||||||
| Fixed annuities | -$2.45B-177% | -$203M-106% | -$86M-101% | $3.15B-43.8% | $3.19B-48.0% | |
| Life insurance | -$297M-171% | -$60M-113% | $7M-99.1% | $461M-14.9% | $418M-33.7% | |
| Current discount rate by Product | ||||||
| Fixed annuities | 22.1%+0.4pp | 21.9%+0.4pp | 22%+1.1pp | 21.6%-0.2pp | 21.7%+0.3pp | |
| Life insurance | 20.1%-0.4pp | 20.2%-0.2pp | 20.5%+0.6pp | 20.3%-0.7pp | 20.5%-0.3pp | |
| Derecognition (lapses and withdrawals) by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $0— | $0— | $0— | $0— | $0— | |
| Effect of changes in discount rate assumptions by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $363M-21.9% | $405M-24.3% | $352M-52.9% | $478M+4.1% | $465M-19.7% | |
| Expected future benefit payments by Product | ||||||
| Fixed annuities | $41.88B-4.5% | $42.45B-4.7% | $42.71B-6.5% | $43.51B-3.6% | $43.88B-4.7% | |
| Life insurance | $17.56B-9.5% | $18.03B-9.5% | $18.41B-10.6% | $18.98B-7.8% | $19.4B-7.2% | |
| Expected future gross premiums by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $36.86B-7.8% | $37.62B-7.7% | $38.39B-7.6% | $39.17B-7.8% | $39.99B-7.7% | |
| Flooring adjustments by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $2.4B+14.7% | $2.35B+16.8% | $2.25B+14.5% | $2.19B+21.7% | $2.09B+18.5% | |
| Gross premiums by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $587M-7.3% | $597M-7.7% | $610M-7.4% | $621M-7.2% | $633M-6.6% | |
| Interest accretion by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $194M-6.3% | $197M-7.1% | $201M-6.1% | $204M-5.1% | $207M-4.6% | |
| Interest accretion (locked-in) rate by Product | ||||||
| Fixed annuities | 27.2%0.0pp | 27.2%+0.1pp | 27.2%+0.2pp | 27.2%+0.3pp | 27.2%+0.4pp | |
| Life insurance | 23%-0.2pp | 23.1%-0.1pp | 23.2%0.0pp | 23.2%0.0pp | 23.2%0.0pp | |
| Less: reinsurance recoverable by Product | ||||||
| Fixed annuities | $32.31B-3.7% | $32.66B-4.0% | $32.77B-6.0% | $33.33B-2.8% | $33.55B-4.0% | |
| Life insurance | $2.91B-7.0% | $3.01B-5.5% | $3.03B-8.8% | $3.09B-6.0% | $3.13B-3.8% | |
| Liability for Future Policy Benefit, after Reinsurance by Product | ||||||
| Fixed annuities | $9.57B-7.3% | $9.79B-7.0% | $9.94B-8.2% | $10.18B-5.9% | $10.32B-7.1% | |
| Life insurance | $2.99B-5.9% | $3.02B-6.0% | $3.1B-3.6% | $3.17B-3.8% | $3.17B-7.0% | |
| Liability for Future Policy Benefit, before Reinsurance by Product | ||||||
| Fixed annuities | $41.88B-4.5% | $42.45B-4.7% | $42.71B-6.5% | $43.51B-3.6% | $43.88B-4.7% | |
| Life insurance | $5.9B-6.4% | $6.03B-5.8% | $6.13B-6.2% | $6.25B-4.9% | $6.3B-5.5% | |
| Liability for future policy benefit cumulative increase (decrease) of actual variance from expected experience by Product | ||||||
| Life insurance | $36M+33.3% | $33M+73.7% | $29M+54.7% | $30M+27.7% | $27M+2.9% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Benefit Payment by Product | ||||||
| Fixed annuities | $960M-2.4% | $963M-2.6% | $969M-3.0% | $979M-2.2% | $984M-2.3% | |
| Life insurance | $664M-7.6% | $683M-6.6% | $690M-11.5% | $674M-10.8% | $719M-6.9% | |
| Liability for Future Policy Benefit, Expected Future Policy Benefit, Original Discount Rate, before Cash Flow and Reinsurance by Product | ||||||
| Fixed annuities | $37.02B-3.7% | $37.41B-3.5% | $37.78B-3.4% | $38.11B-3.6% | $38.44B-3.8% | |
| Life insurance | $16.97B-9.7% | $17.4B-9.7% | $17.86B-9.7% | $18.33B-8.6% | $18.79B-7.3% | |
| Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $14.06B-7.4% | $14.34B-7.6% | $14.53B-9.3% | $14.92B-5.7% | $15.19B-5.1% | |
| Liability for Future Policy Benefit, Expected Net Premium, Net Premium Collected by Product | ||||||
| Fixed annuities | $36M-16.3% | $38M-9.5% | $38M-7.3% | $42M+5.0% | $43M0.0% | |
| Life insurance | $397M-6.6% | $401M-8.2% | $409M-7.7% | $418M-5.4% | $425M-3.8% | |
| Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance by Product | ||||||
| Fixed annuities | $0— | $0— | $0— | $0— | $0— | |
| Life insurance | $13.7B-7.0% | $13.94B-7.0% | $14.18B-7.1% | $14.44B-5.9% | $14.73B-4.5% | |
| Long Duration Term Insurance Contracts Liability For Future Policy Benefits by Product | ||||||
| Fixed annuities | $41.88B-4.5% | $42.45B-4.7% | $42.71B-6.5% | $43.51B-3.6% | $43.88B-4.7% | |
| Life insurance | $3.5B-16.9% | $3.68B-16.1% | $3.88B-15.2% | $4.06B-15.0% | $4.21B-14.1% | |
| Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk by Product | ||||||
| Fixed annuities | $213M+7.0% | $216M+13.7% | $212M+7.6% | $209M+14.2% | $199M+1.0% | |
| Variable annuities | $1.27B-21.1% | $1.36B-15.8% | $1.43B-20.1% | $1.54B-17.1% | $1.6B-21.0% | |
| Market risk benefit liabilities by Product | ||||||
| Fixed annuities | $213M+7.0% | $216M+13.7% | $212M+7.6% | $209M+14.2% | $199M+1.0% | |
| Variable annuities | $1.51B-17.0% | $1.6B-13.1% | $1.65B-17.0% | $1.76B-14.3% | $1.81B-17.6% | |
| Policyholder Account Balance Increase Decrease From Other Change by Product | ||||||
| Fixed Annuity | $31M-16.2% | $30M-26.8% | $30M-31.8% | $33M-26.7% | $37M-21.3% | |
| Life Insurance | -$21M— | -$9M— | -$6M— | —— | —— | |
| Policyholder Account Balance Issuance by Product | ||||||
| Fixed Annuity | $0— | $0— | $0— | $0— | $0— | |
| Life Insurance | $0— | $0— | $0— | $0— | $0— | |
| % of total by Geography | ||||||
| East North Central | 27%-1.0pp | 27%0.0pp | 27%+1.0pp | 27%+1.0pp | 28%+3.0pp | |
| East South Central | 12%0.0pp | 12%0.0pp | 12%0.0pp | 12%0.0pp | 12%0.0pp | |
| Middle Atlantic | 53%+1.0pp | 53%0.0pp | 53%-1.0pp | 53%-1.0pp | 52%-3.0pp | |
| Mountain | 64%+3.0pp | 64%+4.0pp | 63%+3.0pp | 62%+2.0pp | 61%+1.0pp | |
| New England | 8%-4.0pp | 9%-3.0pp | 10%-2.0pp | 11%-1.0pp | 12%0.0pp | |
| Pacific | 74%+2.0pp | 74%+2.0pp | 73%0.0pp | 72%-2.0pp | 72%-3.0pp | |
| South Atlantic | 110%+2.0pp | 109%+1.0pp | 109%+2.0pp | 109%+3.0pp | 108%+3.0pp | |
| West North Central | 20%-3.0pp | 20%-4.0pp | 21%-3.0pp | 22%-2.0pp | 23%-1.0pp | |
| West South Central | 32%0.0pp | 32%0.0pp | 32%0.0pp | 32%0.0pp | 32%0.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Genworth Financial break its business down?
- Genworth Financial (GNW) reports insurance services revenue by business across 2 parts — Closed Block and Enact segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Genworth Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Genworth Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.